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VII. APPLICATION PROCESS FOR TRF <br /> <br />Ae <br /> <br />CITY OF ELK RIVER <br />Applicant submits the completed application along with a Ii5,000 application fee. <br />The application fee ~vill be used toward the cost of services provided m the <br />evaluation of ffmancial feasibiliw and preparation o£ legal documents. The balance <br />of the application lee ~vill be returned to d2e applicant. <br /> <br />o <br /> <br />City staff reviews the application and completes the Application Review <br />Worksheet. <br /> <br />Results of the Worksheet are sub,rUtted to the approp~4ate govermng authorities <br />for prelimmau' approval of the proposal. <br /> <br />If prehminary approval is granted, all necessam/nodces, resolutions and agreements <br />are prepared by City staff and/or consultants. <br /> <br />5. Public hearing(s) on the proposed project are held. <br /> <br />6. The EDA or HP~\ recon-unends approval or denial of the proposal to the Ciq, <br /> Council. <br /> <br />7. The City Council grants final approval or denia? of the proposal. <br /> <br />B. APPLICATIONS TO OTHER POLITICAL SUBDIVISIONS <br /> It is reco~Tu'nended that applicants intending to seek TRF from Sherbume Coun~ <br /> and/or School District 728 make their applications to those bodies concurrent with <br /> their application to the City of Elk River. For more information on applying for TRF <br /> through Sherburne County and/or School Dismct 728, contact: <br /> <br />Alex Wiksr_rorn <br />Sherburne County Budget / Economic Development Coordinator <br />763-241-2700 <br /> <br />Dr. Alan Jensen <br />Supm4ntendenr ~ School Dismct 728 <br />763-241-3400 <br /> <br />CiU' of Elk R2ver <br />'l':~x l~ch:ttc Fm:mcm~ P,-,licv. ~.mcndud 5ugust 2t)()2 <br /> <br />-7- <br /> <br /> <br />